Tag: Private Equity

Altamont bolsters new reinsurance broker Augment with $100m funding

Augment, a newly launched reinsurance broker, has recently made waves with an inaugural investment of $100m.

FinTech Wales eyes global FinTechs with business accelerator launch

FinTech Wales has introduced the FinTech Wales Foundry - a zero-equity business accelerator that pairs global FinTechs with leading Welsh financial institutions.

Insurance, investment giant Prudential raises $300m venture fund through PruVen Capital...

Insurance and investment management giant Prudential Financial has launched a $300m venture capital fund, its first through subsidiary PruVen Capital.

Kingsbridge picks up UK InsurTech Dinghy

Kingsbridge Group has bought digital freelancer insurance platform, Dinghy.The UK-based InsurTech is an on-demand insurance platform for freelance professionals, offering flexible insurance policies.Dinghy provides professional indemnity...

Online investing, trading app business Wealthsimple gets Allianz backing in C$100m...

Allianz Group has used its digital investment unit Allianz X to take part in a C$100m investment in online investing service and trading app provider Wealthsimple.

Admiral teams up with Oakley Capital to back two Spanish InsurTechs

British insurance major Admiral has partnered with European buyout house Oakley Capital to buy two digital insurance brokers Rastreator and Acierto. The firm is set to...

Preservation Capital follows insurtech underwriter deal with MGA Cove Programs buy

Financial services-focused private equity player Preservation Capital Partners has doubled down on its recent investment in insurtech underwriting company Ascent by picking up construction-focused underwriting specialist MGA Cove Programs.

Canadian pension giant, Stone Point invest in insurance brokerage Alliant

Canadian pension major the Public Sector Pension Investment Board has agreed to back insurance brokerage business Alliant Insurance Services.

Hong Kong InsurTech Bowtie raises $30m Series A round

Hong Kong-based InsurTech platform Bowtie has secured HK$234m ($30m) in Series A investment round from Sun Life and others. Sun Life was joined in the...

China’s Dongguan launches CNY1.5bn fund of funds to boost fintech, cutting...

The Chinese city of Dongguan has launched a CNY1.5bn ($217m) fund of funds vehicle looking to boost investment in the region across areas including fintech, smart manufacturing and mass consumption.

Download the free InsurTech100 report

FREE

Get the free InsurTech100 report with details on each solution

60,000+ InsurTech leaders get exclusive insights delivered every week